France to start filling strategic investment fund

Newswire

PARIS, Dec 19 (Reuters) - France will soon pour six billion euros ($8.38 billion)into the strategic investment fund it has set up to protect key industries from foreign takeovers, Economy Minister Christine Lagarde said on Friday.

The payment by state-owned bank Caisse des Depots and the government will be the first large injection into the fund, which will eventually total around 20 billion euros and will also help develop innovative small and medium-sized firms.

"The ...

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